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Dec 18, 2012
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of debt in foreign hands risen by a not so modest 78% to a record $5.5 trillion of foreign holders, china number one followed by japan, bril disa, -- brazil, a assistant third. the cliff negotiations, speaker boehner's offer of a tax rate hike for those making more than a million a year, and speaker boehner reportedly also willing to postpone the debt ceiling issues for at least a year, unclear how. white house aides cite it as progress. joining us lou lehr man, american historian, and great american. >> great to be here always, lou. lou: this is wonderful to watch. the equity market responds at just the suggestion that the two men are actually talking, if talking by one another. what are your thoughts? >> well, the fear and trem ling -- trembling that's spread all over the country and the world about american falling off the cliff, and thus a recession in the united states, the biggest economy in the world, can cause a temporary spurt in activity; however, it shouldn't be forcen freeding this was the federal reserve's qe4 announcement, a trillion dollars in a single year, recreation of n
of debt in foreign hands risen by a not so modest 78% to a record $5.5 trillion of foreign holders, china number one followed by japan, bril disa, -- brazil, a assistant third. the cliff negotiations, speaker boehner's offer of a tax rate hike for those making more than a million a year, and speaker boehner reportedly also willing to postpone the debt ceiling issues for at least a year, unclear how. white house aides cite it as progress. joining us lou lehr man, american historian, and great...
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Dec 22, 2012
12/12
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oliferation about half the area, wrong and dealing with russia on arms control and missile defense, wrong on china. i could go on, but i think that -- lou: we are about to run out of countries. >> the president got what he wanted. it will be more of the same. lou: to you agree? >> i think it is a pretty good choice. he won the election. he gets to choose. confirmed pretty readily? represents a sort of mainstream of american foreign policy, a little bit less for me, but not as far left as the first joist. lou: interesting, john mccain and others came out with really unreserved support for senator kerry. let's turn, if we may, to the failure in benghazi. and this report looks to me, i no there are varying views on this. and other whitewash, it seems. >> and the misses the point. we know what happened before and during periods grew up some allies, cover-ups. to me with the important thing is, what happened afterwards, which is nothing. then never hunted down, retaliated, responded. look at what happened to the original september 11th. 1998, attacks on u.s. embassies in east africa and n 2000 attack o
oliferation about half the area, wrong and dealing with russia on arms control and missile defense, wrong on china. i could go on, but i think that -- lou: we are about to run out of countries. >> the president got what he wanted. it will be more of the same. lou: to you agree? >> i think it is a pretty good choice. he won the election. he gets to choose. confirmed pretty readily? represents a sort of mainstream of american foreign policy, a little bit less for me, but not as far...
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Dec 15, 2012
12/12
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crude oil and news of an increase of industrial production in china and the united states. a barrel of oil now just under $87. eighteen days from the fiscal cliff. the president looking back, addressing claims that he wants to create a socialist system in this country. the president saying if he had been president 25 years ago, there would be a shockingly different view of him and his politics. >> the truth of the matter is that my policies are so mainstream that if i had said the same policies, i have had been considered a moderate republican back then. lou: i don't know whether he believes that or not. it is great have a team with us. >> i'm not sure he could have gotten elected 25 years ago as a kid. obviously, he was pretty social step backward in time. lou: he says he has outgrown all that. >> by the definition of what you are, he is pretty left-sided as far as i'm concerned the. lou: the idea that the president came back in the so-called negotiations. it is either a farce of this process or whatever you want to call it -- but telling speaker boehner that all he really
crude oil and news of an increase of industrial production in china and the united states. a barrel of oil now just under $87. eighteen days from the fiscal cliff. the president looking back, addressing claims that he wants to create a socialist system in this country. the president saying if he had been president 25 years ago, there would be a shockingly different view of him and his politics. >> the truth of the matter is that my policies are so mainstream that if i had said the same...
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this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the ranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the nay. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make lht of that. how important is it? can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters. in this particular case we are going downto 220 ships. to put that number in perspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ship
this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the ranian problem totally unresolved, north korea always a flashpoint. look at the middle east. anything far from being settled there. and let me take that navy as an example, which will be illustrative of the other forces and what it will do to the nay. it will take the navy and drive it down to the...
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Dec 12, 2012
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lou: general electric ceo jeffrey immelt said that -- is good for china, here he is on bloomberg tv. >> but, their government works. you know they get things done, they have 5 year plans, i tell our team, read the 12-5 year plan, the segment we're in what they are doing makes since in the chinese context. lou: remind you, immelt is president of the president's job council. new government data suggests that a massive exodus from high tax state of california. california lost 100,000 more residents than it gained last year, more going to more business-friendly. business-friendly, states like texas. and california public employees have highest salaries in the 12 most populous state, earning on average $60,000 a year. >> major victory for gun rights advocates, a court struck down a ban on carrying weapons in the state of illinois, they rule that ban is unconstitutional. >> former nfl commissioner paul tag leah buhas overturned the saints suspension. he found three of the four engaged in conduct but said that the coaches and front office are to blame. for what he called the cash for hits p
lou: general electric ceo jeffrey immelt said that -- is good for china, here he is on bloomberg tv. >> but, their government works. you know they get things done, they have 5 year plans, i tell our team, read the 12-5 year plan, the segment we're in what they are doing makes since in the chinese context. lou: remind you, immelt is president of the president's job council. new government data suggests that a massive exodus from high tax state of california. california lost 100,000 more...
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Dec 14, 2012
12/12
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we are also assessing what is going on with china, but it appears that there is a broadening acknowledgement that the days of a sob are nearing an end. your thoughts? >> i think this statement by russian deputy foreign minister is quite significant. this is the first visible sign the russians think that he cannot be saved. there has never been any doubt about that. if he is about to lose power throughout the country and the opposition takeover, the russians have to be very worried about their naval base, the direction and new government will take, what this means for their position in the middle east as a whole. i hope they don't decide it will go after somebody like mohammad morrissey. lou: is there any possibility in your mind what we are watching is a bit of a ruse? that there is a deal an that ruia is just simply letting events transpire to persuade others that they simply lost this when in fact they have assurances from the u.s. for their naval base and for continued representation, presence in the region? >> it is possible, but it does not look like it. there's no indication that iran
we are also assessing what is going on with china, but it appears that there is a broadening acknowledgement that the days of a sob are nearing an end. your thoughts? >> i think this statement by russian deputy foreign minister is quite significant. this is the first visible sign the russians think that he cannot be saved. there has never been any doubt about that. if he is about to lose power throughout the country and the opposition takeover, the russians have to be very worried about...